Marriott Starts Second Phase Of Ko Olina Timeshare Project

Marriott Vacation Club International began construction on the second phase of its time-share project at Ko Olina last month.

The new construction, at the resort's lagoon three, will feature 91 two- and three-bedroom apartments. They will be built by December 2005.

Ko Olina Beach Club is Marriott's best-selling time-share project set to be completed 2016. At build out, it will feature 750 units.

Marriott's Ko Olina Beach Club, designed by Architects Hawaii, is Marriott's first vacation ownership resort on Oahu and fourth in Hawaii. Others include Waiohai Beach Club on Kauai, Kauai Beach Club and Maui Ocean Club.

"Marriott's time-share business reported 16 percent higher contract sales for the full year of 2003; sales were particularly strong at time-share resorts in Aruba and Hawaii," said Robert Calhoun, regional vice president of Marriott Vacation Club International for Hawaii and Asia.